ITALY: Export wine sales up 10% in Q1, but volumes dip
Export sales by value were up 10% in Q1
Export sales of Italian wine increased by 10% in value in this year’s first quarter, but volumes fell slightly, according to latest figures.
Italian winemakers association Assoenologi reported that in the first three months of 2013 exports rose to around EUR1.1bn (US$1.4bn). However, volumes slid by 1.9% to 4.7m hectolitres.
Bulk wines saw value sales up 31.9% in the quarter, while sparkling wines continued to perform well, the group reported.
Around 51% of wine exports (EUR574m) from Italy were to countries within the EU, Assoenologi said.
In April, it was reported that wine consumption in Italy hit a record low in 2012.
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